Summary
SOTHISO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €228,256 and a net result of -€8,626. Equity is shrinking by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 48% of 8091 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
14 d late
2023
7 d late
2022
17 d early
2021
24 d early
2020
18 d late
2019
34 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€228,256▼ 3.6%
2024 · €236,883
Net result
-€8,626▲ 13.0%
2024 · -€9,917
Total assets
€461,875▼ 3.5%
2024 · €478,399
Solvency
49.4%▼ 0.1pp
2024 · 49.5%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€21,136▲ 24.8%-€10,913▲ 48.4%-€9,965▲ 8.7%-€9,848▲ 1.2%-€8,553▲ 13.2%
Net result-€21,375below the sector's middle half▲ 23.9%-€10,982below the sector's middle half▲ 48.6%-€10,034below the sector's middle half▲ 8.6%-€9,917below the sector's middle half▲ 1.2%-€8,626below the sector's middle half▲ 13.0%
Equity€267,816within the sector's middle half▼ 7.4%€256,834within the sector's middle half▼ 4.1%€246,800within the sector's middle half▼ 3.9%€236,883within the sector's middle half▼ 4.0%€228,256within the sector's middle half▼ 3.6%
Total assets€529,949within the sector's middle half▼ 30.7%€512,208within the sector's middle half▼ 3.3%€496,198within the sector's middle half▼ 3.1%€478,399within the sector's middle half▼ 3.6%€461,875within the sector's middle half▼ 3.5%
Debt€262,133▼ 44.9%€255,374▼ 2.6%€249,398▼ 2.3%€241,516▼ 3.2%€233,618▼ 3.3%
Working capital-€256,169below the sector's middle half▲ 1.8%-€251,182below the sector's middle half▲ 1.9%-€245,247below the sector's middle half▲ 2.4%-€239,195below the sector's middle half▲ 2.5%-€231,853below the sector's middle half▲ 3.1%
Solvency50.5%within the sector's middle half▲ 12.7pp50.1%within the sector's middle half▼ 0.4pp49.7%within the sector's middle half▼ 0.4pp49.5%within the sector's middle half▼ 0.2pp49.4%within the sector's middle half▼ 0.1pp
Current ratio0.02below the sector's middle half▼ 0.430.02below the sector's middle half▼ 0.010.02below the sector's middle half=0.01below the sector's middle half▼ 0.010.01below the sector's middle half=
Return on assets (ROA)-4.0%below the sector's middle half▼ 0.4pp-2.1%below the sector's middle half▲ 1.9pp-2.0%below the sector's middle half▲ 0.1pp-2.1%below the sector's middle half▼ 0.1pp-1.9%below the sector's middle half▲ 0.2pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8,553 in 2025 against €9,848 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €461,875
Fixed assets
€460,109 ▼ 3.4%
Current assets
€1,766 ▼ 23.9%
Equity and liabilities €461,875
Equity
€228,256 ▼ 3.6%
Debt
€233,618 ▼ 3.3%
Debt's share of the balance-sheet total rises from 50.5% to 50.6%. Equity and debt are lower.
Key figures and ratios
ROE
-3.8%▲
2024 · -4.2%
Debt ≤ 1 year
€233,618▼
2024 · €241,516
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26,044 | €15,969 | €15,969 | €15,969 | €15,969 | = |
| Other operating charges640/8 | - | €2,221 | €2,252 | €2,105 | €2,119 | ▲ 0.7% |
| Gross operating margin9900 | €6,770 | €7,277 | €8,256 | €8,226 | €9,535 | ▲ 15.9% |
| Operating profit (loss)9901 | -€21,136 | -€10,913 | -€9,965 | -€9,848 | -€8,553 | ▲ 13.2% |
| Financial charges65/66B | - | €69 | €69 | €69 | €74 | ▲ 6.5% |
| Recurring financial charges65 | €238 | €69 | €69 | €69 | €74 | ▲ 6.5% |
| Profit (loss) for the period before taxes9903 | -€21,375 | -€10,982 | -€10,034 | -€9,917 | -€8,626 | ▲ 13.0% |
| Profit (loss) for the period9904 | -€21,375 | -€10,982 | -€10,034 | -€9,917 | -€8,626 | ▲ 13.0% |
| Profit (loss) for the period to be appropriated9905 | -€21,375 | -€10,982 | -€10,034 | -€9,917 | -€8,626 | ▲ 13.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €529,949 | €512,208 | €496,198 | €478,399 | €461,875 | ▼ 3.5% |
| Fixed assets21/28 | €523,985 | €508,016 | €492,047 | €476,078 | €460,109 | ▼ 3.4% |
| Tangible fixed assets22/27 | €523,985 | €508,016 | €492,047 | €476,078 | €460,109 | ▼ 3.4% |
| Land and buildings22 | - | €508,016 | €492,047 | €476,078 | €460,109 | ▼ 3.4% |
| Current assets29/58 | €5,964 | €4,192 | €4,151 | €2,321 | €1,766 | ▼ 23.9% |
| Cash at bank and in hand54/58 | €5,964 | €4,192 | €4,151 | €2,321 | €1,766 | ▼ 23.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €529,949 | €512,208 | €496,198 | €478,399 | €461,875 | ▼ 3.5% |
| Equity10/15 | €267,816 | €256,834 | €246,800 | €236,883 | €228,256 | ▼ 3.6% |
| Contributions10/11 | €170,000 | €170,000 | €170,000 | €170,000 | €170,000 | = |
| Capital10 | - | €170,000 | €170,000 | €170,000 | €170,000 | = |
| Issued capital100 | - | €170,000 | €170,000 | €170,000 | €170,000 | = |
| Reserves13 | €97,816 | €86,834 | €76,800 | €66,883 | €58,256 | ▼ 12.9% |
| Non-distributable reserves130/1 | - | €17,000 | €17,000 | €17,000 | €17,000 | = |
| Legal reserve130 | - | €17,000 | €17,000 | €17,000 | €17,000 | = |
| Distributable reserves133 | - | €69,834 | €59,800 | €49,883 | €41,256 | ▼ 17.3% |
| Amounts payable17/49 | €262,133 | €255,374 | €249,398 | €241,516 | €233,618 | ▼ 3.3% |
| Amounts payable within one year42/48 | €262,133 | €255,374 | €249,398 | €241,516 | €233,618 | ▼ 3.3% |
| Other amounts payable47/48 | - | €255,374 | €249,398 | €241,516 | €233,618 | ▼ 3.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€21,375 | -€10,982 | -€10,034 | -€9,917 | -€8,626 | ▲ 13.0% |
| + Depreciation and write-downs630 | €26,044 | €15,969 | €15,969 | €15,969 | €15,969 | = |
| Operating cash flow (approximation) | €4,669 | €4,987 | €5,935 | €6,052 | €7,343 | ▲ 21.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€1,772 | -€41 | -€1,830 | -€555 | ▲ 69.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
14-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2023
07-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
07-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
29-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
04-05
State Gazette act
General meeting · Director resignation
Director appointment · Mandate compensation
2014
24-01
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
2006
06-03
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
State Gazette actNBB filing
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Roeselare
Ground area
2,702 m²
Building footprint
2,613 m²
Volume, LiDAR
29,037 m³
Parcel 36015A0070/00E000, Flanders · tallest building 22.0 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36015A0070/00E000 | Flanders | 2,702 m² | 1 · 2,613 m² | 22.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
This company
Company
Director
Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
2 locations
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 13,581 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-05-2005
Fiscal year end31-03
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.